To assure the market that crypto-investments are safe and there is no impropriety, they are imposing some limits on who can trade on these platforms.
source https://www.google.com/url?rct=j&sa=t&url=https://www.financialexpress.com/opinion/crypto-code-self-regulation-by-crypto-exchanges-is-good/2169715/&ct=ga&cd=CAIyGjBkZWE0Yjc3NzNlM2I2MDQ6Y29tOmVuOlVT&usg=AFQjCNF1yI8kwb5-oNSyi-mCIUBQlDg1eA
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